Solana news today covers a fast, low-fee blockchain launched in 2020 that became the main home of memecoin trading. SOL is the coin used to pay fees and secure the network through staking.

Our newest Solana stories are listed below, followed by a short explanation of what tends to move SOL.

What moves SOL

Memecoin launches and token launchpads create bursts of activity and fee income. Network upgrades and new validator software affect reliability, which matters because Solana suffered several outages in 2021 and 2022. And because SOL trades heavily on futures markets, liquidations can amplify a move in either direction.

How we cover it

We separate moves caused by the Solana network itself from moves caused by the whole market. If SOL fell with Bitcoin, the story is about Bitcoin. If it fell alone, we look for the Solana-specific reason.

Reading Solana memecoin headlines

Much of Solana’s news is about token launchpads and the coins launched on them. Activity there raises network fees and demand for SOL, but most memecoins lose most of their value within weeks. We separate network metrics, such as fees and active wallets, from the price of any single memecoin.

Network health

Reliability matters more for Solana than for most chains because the network has had outages. Client software upgrades and validator changes are therefore market news, not just technical news. Related coverage: altcoin news today and the liquidation guide.

Latest Solana news from CryptoNewsLive

Questions readers ask

Is Solana an Ethereum competitor?

Both run smart contracts. Solana trades lower fees and speed against the longer track record and larger developer base of Ethereum.

What is SOL staking?

Holders delegate coins to validators and earn rewards for helping secure the network.